With our economy slowing down and talk of a recession cropping up again (as it regularly does) what are the implications for property investors?
AMP Capital’s Head of Investment Strategy and Chief Economist, Dr. Shane Oliver gives his thoughts in this short (3 minute) video
- With the fading of the mining investment boom, the Australian economy is in for a bumpy ride in the short term, but recession is likely to be avoided.
- More interest rate cuts and lower A$ are likely to be required though, ultimately resulting in more balanced and stronger growth for the Australian economy in 2013-14
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